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Target-Salden, Außenhandel und Geldschöpfung

Listed author(s):
  • Hans-Werner Sinn

Deutschland hat bis Februar 2011 für 321 Mrd. Euro Target-Forderungen gegen die EZB aufgebaut, die GIPS-Länder, also Griechenland, Irland, Portugal und Spanien, haben bis zum Ende des Jahres 2010 für rund 340 Mrd. Euro verzinsliche Target-Verbindlichkeiten gegen die EZB zur Finanzierung der Leistungsbilanzdefizite angesammelt. In seinem Kommentar benennt Hans-Werner Sinn, Präsident des ifo Instituts, die dadurch entstehenden Risiken für den Euroraum.

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Article provided by ifo Institute - Leibniz Institute for Economic Research at the University of Munich in its journal ifo Schnelldienst.

Volume (Year): 64 (2011)
Issue (Month): 09 (May)
Pages: 23-25

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Handle: RePEc:ces:ifosdt:v:64:y:2011:i:09:p:23-25
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